Osisko Gold Royalties: ‘A young company with mature ambitions’

”We are the fourth largest precious metal royalty company in the world right now” says Sean Roosen, chairman and chief executive of Osisko Gold Royalties (TSE:OR), speaking to Proactive at Mines and Money 2016 in London.

”We started this company about 24 months ago and our core assets are the Canadian Malartic royalty where we have a 5% top line royalty that delivers us about 28-30,000 ounces of gold a year. We also have a sliding scale royalty at the Eleonore mine in northern Quebec, where we receive 2% royalty right now, ramping up to a total of 3.5% – that delivers about 5,500 ounces a year of gold to us.”

”From those two assets we receive about 34-37,000 ounces of gold and that’s really the foundation of Osisko Royalties that we started a couple of years ago.”

”We’re a bit more hands on than some of our competitors but we think [our strategy] is unique to our skill set”.

Roosen adds: ”We brought forth the team that built Canadian Malartic which is now Canada’s largest gold-producing mine and our team has the skill set to execute this strategy”.